Exploration & Production
NuVista Energy Ltd. Announces Fourth Quarter 2011 Results
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NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce results for the three and twelve months ended December 31, 2011 and provide an update on its business plans. NuVista delivered strong fourth quarter operating and financial results despite a weak natural gas price environment. Full year 2011 operating guidance provided in its May 2011 press release was achieved due to excellent drilling results and efficient execution of the capital program. NuVista will continue to prudently manage its business and balance sheet in 2012 while building on recent drilling successes and creating a solid foundation for future growth.
In February 2012, the third of our five well highly liquids-rich Wapiti Montney program was completed (100% working interest) in the North block of our lands with…
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